G&C Mutual Bank First Home Premium Package Loan 2.79%, Offset Account (ADI), $375 Annual Fee
Owner Occupier Principle and interest Variable rate 2.79%; comparison rate 2.79%*
And another home loan provider has dropped their rates, and is one to consider if you're after an offset.
This one does have an annual fee of $375; but they are a bank and should be an ADI.
No establishment fee
No valuation fee
No monthly service fee on transaction account
No annual fee credit card for the first year
Borrow up to 100% of the purchase price of the property, plus additional associated costs with our family guarantor option
100% offset account
Unlimited extra repayments
Up to 40 year term available4
$300 discharge fee
Minimum redraw amount of $100 and $30 service fee applies.
Available when one or more applicants are aged 30 years or less.
1 Eligibility criteria, terms & conditions and fees & charges apply. Maximum loan to valuation ratio 80% without Lender’s Mortgage Insurance. Available for new First Home Premium Package home loans from 2nd October 2019 and for existing First Home Premium Package home loans from 1st November 2019.
2 Comparison rate based on $150,000 loan over 25 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
3 Mortgage Insurance will be required if you borrow over 80% of the value of your home (or borrow an additional amount on your existing mortgage that brings the overall loan amount over 80% LVR).
4 Available when one or more applicants are aged 30 years or less.
5 Minimum redraw amount of $100 and $30 service fee applies.
AFSL & Australian Credit Licence 238311
As with anything do your own research and this product may not be for you.
For those playing at home
Freedom lend 2.79%
Homestar Finance 2.74%
Reduce Homeloan 2.77%